Griswold Home Care
Health Score
73 Our derived Health Score (1–100) = growth (30%) + fees (20%) + scale (20%) + transparency (15%) + data quality (15%) dual_model_system
Investment Range Total estimated initial investment from the FDD, including franchise fee, build-out, equipment, and working capital.
$100K–$181K
Franchise Fee One-time upfront fee paid to the franchisor for the right to operate under their brand.
$39,600–$49,500
Royalty Ongoing fee paid to the franchisor, typically a percentage of gross revenue, paid weekly or monthly.
4%
Gross Receipts; or Minimum Performance Requirement ($100/week starting year 3), whichever is greater
Total Units Total number of franchised and company-owned locations currently operating.
193
+3.9% growth
Initial Investment Breakdown
| Category | Low | High |
|---|---|---|
| Initial Franchise Fee | $39,600 | $49,500 |
| Training Expenses (travel & lodging) | $1,000 | $5,000 |
| Office Equipment & Technology | $3,000 | $10,000 |
| Marketing & Grand Opening | $5,000 | $20,000 |
| Insurance | $2,000 | $8,000 |
| Professional Fees & Licenses | $1,000 | $5,000 |
| Additional Funds (3 months working capital) | $48,000 | $83,100 |
| Total | $99,600 | $180,600 |
Financial Performance (Item 19)
Avg Revenue Average gross revenue reported by franchisees in the FDD's Item 19 financial performance representation.
$2.1M
Median Revenue Middle value of reported revenues — half of units earn more, half earn less. Often more useful than average.
$1.7M
Unit Growth
| Year | Total Units | Opened | Closed |
|---|---|---|---|
| 2022 | 179 | — | — |
| 2023 | 179 | — | — |
| 2024 | 193 | — | — |
Other Ongoing Fees
| Fee | Amount | Frequency |
|---|---|---|
| Transfer Fee (to existing Griswold franchisee) | $$5,000 | upon transfer |
| Required Local Marketing | $$12,000/year minimum (reducible to $6,000 if dedicated marketing professional hired) | annually |
| Annual Conference | $$475/person | annually |
| Minimum Performance Requirement | $$100/week (effective year 3 onward) | weekly |
Quick Facts
Fee Burden Combined percentage of gross revenue paid in ongoing fees (royalty + advertising/marketing fund).
4.5%
royalty + ad fund
Franchised Number of locations owned by independent franchisees, not the franchisor.
182
Company-Owned Locations owned directly by the franchisor. High ratios can signal corporate confidence — or difficulty selling franchises.
11
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Investment Range
Franchises Under $100K
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A franchise consultant can verify the Item 19 numbers with real franchisee contacts, flag territory conflicts, and walk you through the FDD before you sign. Their fee is paid by the franchisor — your consultation is free.
Source: FDD filed in MN, 2025. Extracted 2026-04-05.
Frequently Asked Questions
- Is Griswold Home Care a franchise?
- Yes, Griswold Home Care is a franchise with 193 locations. Prospective owners purchase the right to operate under the Griswold Home Care brand and system by signing a franchise agreement and paying a franchise fee. The full terms are disclosed in the Franchise Disclosure Document (FDD).
- How much does it cost to open a Griswold Home Care franchise?
- The total initial investment for a Griswold Home Care franchise ranges from $100K to $181K, according to the 2025 FDD. This includes the franchise fee, build-out, equipment, and initial working capital.
- How much do Griswold Home Care franchise owners make?
- According to the 2025 FDD Item 19, the median annual gross revenue for a Griswold Home Care franchise is $1.7M. Note that gross revenue is not profit — operating costs, royalties, rent, and labor must be subtracted.
- How many Griswold Home Care franchise locations are there?
- As of the 2025 FDD, Griswold Home Care has 193 total units (+3.9% growth rate).